{"id":10633,"date":"2025-01-31T06:16:56","date_gmt":"2025-01-31T06:16:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10633"},"modified":"2025-01-31T06:16:56","modified_gmt":"2025-01-31T06:16:56","slug":"sam-bankman-frieds-parents-seek-presidential-pardon-for-their-son-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10633","title":{"rendered":"Sam Bankman-Fried\u2019s Parents Seek Presidential Pardon for Their Son: Report"},"content":{"rendered":"<div>\n<p>The parents of prisoned crypto fraudster Sam Bankman-Fried are reportedly exploring how to secure a presidential pardon from President Donald Trump for their son, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-30\/sam-bankman-fried-s-parents-explore-seeking-trump-pardon-for-son\" target=\"_blank\">a Bloomberg report<\/a>.<\/p>\n<p>Joseph Bankman and Barbara Fried, both professors at Stanford Law School and part of FTX\u2019s inner circle, are reportedly engaging with individuals connected to Trump&#8217;s inner circle, according to the report. <\/p>\n<p>In recent weeks SBF&#8217;s parents have tried to engage with the Trump administration to discuss potential clemency for their 32-year-old son, who was handed a 25-year prison sentence after being convicted of fraud. The specifics of whether direct communications with the White House have occurred remain unclear, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-30\/sam-bankman-fried-s-parents-explore-seeking-trump-pardon-for-son\" target=\"_blank\">per Bloomberg<\/a>.<\/p>\n<p>The appeal for a pardon leans on Trump&#8217;s recent history of using his clemency powers to free widely-supported individuals, such as Silk Road founder Ross Ulbricht. Unlike Ulbricht, however, Bankman-Fried lacks widespread public support, though he argues his sentence is excessively harsh, especially since most FTX customers have recovered their financial losses.<\/p>\n<p>Bankman-Fried&#8217;s FTX, formerly the world&#8217;s third largest crypto exchange, went bust in November 2022 after a CoinDesk scoop said the platform&#8217;s sister concern, Alameda Research, was on shaky financial footing.<\/p>\n<p>It was later found that Alameda used backdoor code to raid billions in customer funds from FTX \u2014 an arrangement helmed by Bankman-Fried and other Alameda founding members.<\/p>\n<p>The once-crypto titan has since been sentenced to 25 years in prison and ordered to forfeit $11 billion after getting convicted of seven counts of fraud, conspiracy, and money laundering.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The parents of prisoned crypto fraudster Sam Bankman-Fried are reportedly exploring how to secure a presidential pardon from President Donald Trump for their son, according to a Bloomberg report. Joseph Bankman and Barbara Fried, both professors at Stanford Law School and part of FTX\u2019s inner circle, are reportedly engaging with individuals connected to Trump&#8217;s inner [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10633","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10633"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10633\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}